Recycle-A-Bike is located in Providence, RI. The organization was established in 2011. According to its NTEE Classification (M42) the organization is classified as: Automotive Safety, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recycle-A-Bike is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Recycle-A-Bike generated $23.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $41.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CONNECTED INDIVIDUALS WITH REFURBISHED BIKES, AND EDUCATED INDIVIDUALS ON THE TOPICS OF BASIC BIKE KNOWLEDGE AND SAFE CYCLING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chachi Carvalho Board Member | 1 | $0 | |
Thomas Bacon Board Member | 1 | $0 | |
Edward Raff Board Member | 1 | $0 | |
John Olivo President | 4 | $0 | |
Sandra Victorino Vice Peresident | 1 | $0 | |
Jack Hartman Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,086 |
Total Program Service Revenue | $20,186 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $23,272 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $5,462 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $23,268 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,091 |
Total expenses | $41,821 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $23,712 |
Other assets | $0 |
Total assets | $32,977 |
Total liabilities | $126 |
Net assets or fund balances | $32,851 |
Over the last fiscal year, we have identified 2 grants that Recycle-A-Bike has recieved totaling $10,642.
Awarding Organization | Amount |
---|---|
New England Grassroots Environment Fund Inc Newmarket, NH PURPOSE: Living Economies | $5,412 |
United Way Of Rhode Island Inc Providence, RI PURPOSE: Donor Designation and Program Operating | $5,230 |
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